野村国际财富管理北亚CIO:从期限溢价角度看 美债近期下跌合乎逻辑

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【野村国际财富管理北亚CIO:从期限溢价角度看 美债近期下跌合乎逻辑】野村国际财富管理北亚首席投资官Julia Wang在接受采访时表示,近期美国国债遭抛售,从期限溢价的角度来看是合乎逻辑的。鉴于期限溢价被压缩,尤其是在美国,“长期收益率上升,期限溢价更加正常化,这实际上是合乎逻辑的,也在意料之中。”Wang表示,“如果不对期限溢价重新定价,投资者不会愿意持有这些长期债券。”“所以,如果要为这些长期债券创造市场,收益率就必须更高。”“从这个角度来看,这不是恐慌之举,而是当前周期阶段应当出现情况的合理延伸。”

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